WB6 IIP
Western Balkans Six
Investment Incentives Platform
The Western Balkans Six Investment Incentive Platform is the first of its kind in the region, providing detailed information on available incentives in each of the WB6. It is one of the key measures under the Regional Investment Area, which is part of the Common Regional Market Action Plan 2021-2024.
Developed with input from Investment Promotion Agencies (IPAs) across the region, the platform includes both financial and non-financial incentives, categorized by type, sector, and target audience.
It provides comprehensive information for investors looking to invest in the WB6. As an evolving resource, the platform will be updated every six months to ensure it remains current and relevant.
Tourism Incentives - Real Estate/Infrastructure Tax Exemption
- Economy name
- Albania
- ID
- A29
- Incentive name
- Tourism Incentives - Real Estate/Infrastructure Tax Exemption
- Brief description
- Investments in the construction of new accommodation facilities “Five-star hotels, with special status” are exempted from the tax on buildings and the tax on the impact in the infrastructure
- Legal reference name
- Law No.106/2017 "On some additions and changes to Law nr.9632/2006 "On the system of local taxes", amended
- Legal reference
law section / article -
Article 22
Tax on buildings
1. Tax on buildings is subject to individuals, natural or legal persons, domestic or foreign
foreigners, owners or users of real estate in the territory of Albania,
regardless of the level of use of these buildings, except for the cases defined in this law
differently.
2. Tax on buildings is subject to persons who have applied for legalization of the building,
according to the law "On the legalization, urbanization and integration of constructions without permission".
3. Building tax is imposed on developers who fail to complete construction
according to the relevant permission issued by the planning authority. The term of tax calculation starts from
the moment of expiry of the time limit defined in the act of approving the request for a building permit.
4. The liability for the tax on buildings is calculated as the multiplication of the tax base by the rate of
tax on the building.
5. The local tax on real estate-building is calculated as an annual obligation i
taxpayers. The tax is paid monthly or for longer periods, depending on the category
taxpayers, according to the determinations in the decision of the Council of Ministers.
6. The following are exempt from tax on buildings:
a) properties of the state and local government units, which are used for purposes
non-profit;
b) assets owned by the state, transferred by decision of the Council of Ministers, sub
administration of state public companies;
c) residential buildings, which are used by the tenant with non-liberalized rents;
ç) social housing owned by municipalities;
d) immovable assets-buildings, property of legal or physical entities, that on the basis of
agreements with municipalities are used by the latter as social housing;
dh) buildings used by religious communities, in function of their activity;
e) accommodation structures "Hotel/Resort with four and five stars, special status", according to
definition in the legislation of the field of tourism and who are holders of a trademark of
registered and internationally recognized "brand name";
ë) residential buildings of family heads who benefit from old-age pension or social pension, that
they live in a village or city, when the family consists only of pensioners;
f) residential buildings of household heads that are treated with economic assistance;
g) cultural buildings, under temporary or permanent protection, for the time in which
protection is declared, according to the legislation in force for cultural monuments and/or heritage
cultural.".
- Incentive group
- Financial
- Incentive category
- Other Tax
- Economy-wide/Sector-specific
- Sector-specific
- Sector (Simplified)
- Tourism
- Sector (NACE)
- I ACCOMMODATION AND FOOD SERVICE ACTIVITIES
- Size of firm that can use incentive
- All sizes of firms
- Level at which incentive is available
- Economy-wide
- Ownership of firm that can use incentive
- Any
- Incentive location
- General
- Main objective of the incentive
- Other
- In case of grant, share of grant in investment (in %)
- Contact Info
- Address "Skanderbeg Square" 6, 1001 Tirana
- Weblink to Incentive information in English
- Click to open
- Weblink to Incentive information in local language
- Click to open
- Eligibility criteria
description -
Investments in the construction of new accommodation facilities “Five-star hotels, with special status”, the holders of
internationally recognized and registered
trademark (brand name) are exempted from the tax on buildings and the tax on the impact in the infrastructure.
- Eligibility criteria
weblink - Click to open
- Awarding Authority (Name)
- Ministry of Tourism and Ministry fo Commerce in Albania
- Application procedure + Weblink (where available)
- The procedures are defined by the legislation and applications must be submitted in a paper form
- Implementing Authority (Name)
- Ministry of Tourism and Ministry fo Commerce in Albania